How to select suppliers

Firstly, with integrity, payment must be completed on time during the promised period.

Secondly, we will target key suppliers. We used to have over 300 supply chains, but now we have compressed them to only over 100, focusing on maintenance.

Thirdly, focus on selecting suppliers based on the currently selling products, primarily considering their quality as the primary consideration. Secondly, consider the supplier's current company size and reputation. Finally, the shipping speed from the supplier.

Fourthly, the supply capacity and cooperation degree of suppliers are also important factors for us to consider when choosing suppliers.

Business layout for overseas procurement

In order to make our company's supply capacity and prices more competitive in the market, our company has been vigorously expanding the procurement of surplus inventory at overseas terminals since last year. Based on our company's years of control and analysis of market changes, we have selected high-quality models from a large amount of overseas inventory and purchased them back.